| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ARCADIA SHARE & STOCK BROKERS PVT.LTD.
(PAN:AAACA4562G)
(Member : NSE)
|
|
|
ACTED IN CONCERT WITH BROKERS/CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ORIENT INFORMATION TECHNOLOGY LTD.
ATTEMPTED TO MISLEAD PUBLIC BY CREATING ARTIFICIAL MARKET IN SCRIP OF ORIENT INFORMATION TECHNOLOGY LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 22-NOV-2006 TO 28-NOV-2006
01-NOV-2006
|
SAT: IMPUGNED ORDER DATED 01/11/2006 MODIFIED AND CONVERTED INTO MONETARY PENALTY OF RS.1,00,000
|
| 2 |
|
|
ASPI NOSHIR GANDHI,M/S
(Member : ASE)
|
|
|
|
ASPI NOSHIR GANDHI
|
|
ISSUED ADVERTISEMENT IN AHMEDABAD PARSI YELLOW PAGES GIVING MISLEADING INFORMATION VIOLATING REGULATION 15(1)(D) AND 26(XX) OF SEBI (STOCK BROKERS AND SUB-BROKES) REGULATIONS, 1992
|
IMPOSED PENALTY RS.50,000
29-MAR-2010
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 3 |
|
|
BLB LTD.
(Member : BSE/NSE)
|
|
|
|
ANSHUL MEHRA
|
|
|
KAMAL GOEL
|
|
|
P.N.PANDA
|
|
|
SIDDARTH BAGRI
|
|
|
UTTAM SHARMA
|
|
|
VIKAS RAWAL
|
|
MISLED INVESTORS BY PUBLISHING POSITIVE NEWS ABOUT A PROJECT OF VBC FERRO ALLOYS LTD. WHICH IS YET TO BE OPERATED BY COMPANY
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION BY MAKING POSITIVE ANNOUNCEMENTS ABOUT COMPANY AND SOLD THEIR OWN HOLDINGS AT AN INCREASED PRICE TO MAKE UNJUST ENRICHMENT IN SCRIP OF VBC FERRO ALLOYS LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY IN MATTER OF VBC FERRO ALLOYS LTD.
|
DIRECTED TO CEASE & DESIST FROM COMMITTING VIOLATIONS OF CODE OF CONDUCT FRAMED FOR STOCK BROKERS
DIRECTED TO CEASE & DESIST FROM GIVING MISLEADING RECOMMENDATIONS IN ANY PUBLIC ACCESSIBLE MEDIA
10-FEB-2006
|
VACATED INTERIM EX-PARTE ORDER DATED 10/02/2006
|
| 4 |
|
|
BLB LTD.
(Member : NSE/BSE)
|
|
|
|
VIKRAM RATHI
|
|
MISLED INVESTORS BY PUBLISHING POSITIVE NEWS ABOUT A PROJECT OF VBC FERRO ALLOYS LTD. WHICH IS YET TO BE OPERATED BY COMPANY
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION BY MAKING POSITIVE ANNOUNCEMENTS ABOUT COMPANY AND SOLD THEIR OWN HOLDINGS AT AN INCREASED PRICE TO MAKE UNJUST ENRICHMENT IN SCRIP OF VBC FERRO ALLOYS LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY IN MATTER OF VBC FERRO ALLOYS LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 10-FEB-2006 TILL FURTHER ORDERS
10-FEB-2006
|
VACATED INTERIM EX-PARTE ORDER DATED 10/02/2006
|
| 5 |
|
|
BONANZA PORTFOLIO LTD.
(CIN:U65991DL1993PLC052280
PAN:AAACB0764B)
(Member : NSE)
|
|
|
|
S.P.GOEL
|
|
ACTED IN CONCERT WITH BROKERS/CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH STRUCTURED DEALS/MATCHING BUY AND SELL ORDERS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF RADAAN MEDIAWORKS INDIA LTD.
ATTEMPTED TO INDUCE PUBLIC TO DEAL BY CREATING MISLEADING APPEARANCE OF TRADING IN THE SCRIP OF RADAAN MEDIAWORKS INDIA LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
IMPOSED PENALTY RS.10,00,000
17-MAY-2006
SETTLEMENT ( SETTLEMENT CHARGES RS.14,75,000, LEGAL EXPENSES RS.75,000 VIDE CONSENT ORDER)
14-DEC-2009~
|
SAT: AO ORDER DATED 17/05/2006 DISPOSED OFF. AS APPLICANT AGREED TO DEPOSIT RS.15,50,000 AS PER CONSENT ORDER. NO ORDER AS TO COSTS
|
| 6 |
|
|
CAVALIER SECURITIES LIMITED
(PAN:AAACC6370Q)
(Member : ASE)
|
|
|
INDULGED IN ISSUANCE OF MISLEADING/PREMATURE CORPORATE ANNOUNCEMENTS IN MATTER OF ALKA INDIA LTD.
|
IMPOSED PENALTY RS.2,50,000
29-OCT-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 7 |
|
|
CENTURY CONSULTANTS LTD.
(Member : NSE/BSE/OTC)
|
|
|
|
ANAND KRISHAN JOHARI
|
|
|
ARVIND MOHAN JOHARI
|
|
|
GYANNENDRA NATH JOHARI
|
|
ALLURED INVESTORS TO INVEST IN SHARES OF CYBERSPACE PROMISING THEM HIGH RETURNS
OPENED SHELL COMPANIES IN THE NAMES OF THE EMPLOYEES
CREATED ARTIFICIAL MARKET
VIOLATED REGULATIONS 4(A), 4(B), 4(C) AND 4(D) OF SEBI (PFUTP) REGULATIONS, 1995
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-DEC-2006 TO 14-DEC-2008
15-DEC-2006
|
|
| 8 |
|
|
DYNAMIC STOCK BROKING (INDIA) PVT.LTD.
(PAN:AABCD2889E)
(Member : BSE/NSE)
|
|
|
INDULGED IN ISSUANCE OF MISLEADING PUBLIC ANNOUNCEMENTS TO CREATE PUBLIC INTEREST IN SCRIP OF PYRAMID SAIMIRA THEATRE LTD.
|
DIRECTED INCOME TAX DEPARTMENT TO TAKE NECESSARY ACTIONS IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
PROHIBITED FROM ENTERING ANY FRESH AGREEMENTS WITH NEW CLIENTS IN OPERATIONS AS STOCK BROKER FROM 23-APR-2009 TILL FURTHER ORDERS
DIRECTED TO BE INSPECTED BY MARKET INTERMEDIARIES REGULATION AND SUPERVISION DEPARTMENT (MIRSD) OF SEBI
23-APR-2009
|
AD-INTERIM EX-PARTE ORDER DATED 23/04/2009 CONFIRMED VIDE ORDER DATED 06/07/2010
SAT: SAT VIDE ITS ORDER DATED 29/10/2012 DIRECTED SEBI TO PASS A FINAL ORDER WITHIN FOUR WEEKS FROM THE DATE OF THIS ORDER I.E.29/10/2012
|
| 9 |
|
|
GLOBE CAPITAL MARKET LTD.
(Member : BSE/NSE/LSE)
|
|
|
ALLEGED DISCREPANCIES IN KNOW YOUR CLIENT FORMS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED INSTALLATION OF TERMINALS AT UNAUTHORIZED PLACES
ALLEGED INDULGENCE IN SENDING SMS AND EMAILS OF BEARISH OUTLOOK TO CLIENTS
ALLEGED VIOLATION OF CODE OF CONDUCT FOR STOCK BROKERS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
22-DEC-2008
|
|
| 10 |
|
|
GRISHMA SECURITIES PVT.LTD.
(PAN:AABCG1300K)
(Member : NSE)
|
|
|
|
MIHIR GHELANI
PAN:AACPG7986K
|
|
ATTEMPTED TO INDUCE PUBLIC TO DEAL BY CREATING MISLEADING APPEARANCE OF TRADING IN THE SCRIP OF RADAAN MEDIAWORKS INDIA LTD.
ACTED IN CONCERT WITH BROKERS/CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH STRUCTURED DEALS/MATCHING BUY AND SELL ORDERS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF RADAAN MEDIAWORKS INDIA LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
IMPOSED PENALTY RS.5,00,000
22-JUN-2006
|
SAT: CASE ADJOURNED
SAT: APPEAL FAILED AND DISMISSED WITH PARTIES TO BEAR THEIR OWN COSTS
|
| 11 |
|
|
HAVEN FINANCIAL SERVICES PVT.LTD.
(Member : NSE)
|
|
|
ATTEMPTED TO INDUCE PUBLIC TO DEAL BY CREATING MISLEADING APPEARANCE OF TRADING IN THE SCRIP OF RADAAN MEDIAWORKS INDIA LTD.
ACTED IN CONCERT TO MANIPULATE SCRIP OF RADAAN MEDIAWORKS INDIA LTD. THROUGH REVERSAL OF TRADE TRANSACTIONS/SYNCHRONIZED DEALS
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
IMPOSED PENALTY RS.5,00,000
29-MAY-2006
|
SAT: APPEAL FAILED AND DISMISSED WITH PARTIES TO BEAR THEIR OWN COSTS
|
| 12 |
|
|
INDIA CAPITAL MARKETS PVT.LTD.
(PAN:AABCN0802B)
(Member : BSE/NSE)
|
|
|
INDULGED IN ISSUANCE OF MISLEADING PUBLIC ANNOUNCEMENTS TO CREATE PUBLIC INTEREST IN SCRIP OF PYRAMID SAIMIRA THEATRE LTD.
|
DIRECTED INCOME TAX DEPARTMENT TO TAKE NECESSARY ACTIONS IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
PROHIBITED FROM ENTERING ANY FRESH AGREEMENTS WITH NEW CLIENTS IN OPERATIONS AS STOCK BROKER FROM 23-APR-2009 TILL FURTHER ORDERS
DIRECTED TO BE INSPECTED BY MARKET INTERMEDIARIES REGULATION AND SUPERVISION DEPARTMENT (MIRSD) OF SEBI
23-APR-2009
|
AD-INTERIM EX-PARTE ORDER DATED 23/04/2009 CONFIRMED VIDE ORDER DATED 20/07/2010
SAT: DIRECTED THAT OPERATION OF ORDER DATED 20/072010 SHALL REMAIN STAYED DURING PENDENCY OF APPEAL
|
| 13 |
|
|
K & A SECURITIES PVT.LTD.
(PAN:AAACK1251G)
(Member : NSE/BSE)
|
|
|
ALLEGED NON-SEGREGATION OF CLIENT FUNDS FROM BROKERS FUNDS
ALLEGED INDULGENCE IN TRANSACTIONS INVOLVING RECEIPT AND PAYMENT IN CASH
ALLEGED ALLOWING CLIENTS TO TRADE IN SPITE OF DEBIT BALANCE
ALLEGED FAILURE IN ISSUANCE OF CONTRACT NOTES
ALLEGED FAILURE IN COLLECTION OF MARGIN FROM CLIENTS
ALLEGED PROVIDING TRADING TERMINALS TO SUB-BROKERS NOT REGISTERED AS AUTHORISED PERSON
ALLEGED PROVIDING TRADING TERMINALS TO ITS CLIENTS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED MISLEADING INVESTORS BY INDULGING INTO FRAUDULENT PRACTICES
ALLEGED VIOLATION OF VARIOUS SEBI CIRCULARS/ORDERS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.12,00,000 VIDE CONSENT ORDER)
27-APR-2012
|
|
| 14 |
|
|
KAMAL DALAL,M/S
(Member : VSE)
|
|
|
|
KAMAL DALAL
|
|
TRADED IN SHARES ON ADVICE OF ANIRUDH SETHI IMMEDIATELY PRIOR TO SETHI PUTTING RECOMMENDATIONS ABOUT SUCH SHARES ON HIS WEBSITE-WWW.VALUENOTES.COM
|
IMPOSED PENALTY RS.7,00,000
23-SEP-2009
|
|
| 15 |
|
|
KAUSHIK SHAH SHARES & SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
ACTED IN CONCERT WITH BROKERS/CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ORIENT INFORMATION TECHNOLOGY LTD.
ATTEMPTED TO MISLEAD PUBLIC BY CREATING ARTIFICIAL MARKET IN SCRIP OF ORIENT INFORMATION TECHNOLOGY LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 22-NOV-2006 TO 28-NOV-2006
01-NOV-2006
|
SAT: IMPUGNED ORDER DATED 01/11/2006 MODIFIED AND CONVERTED INTO MONETARY PENALTY OF RS.1,00,000
|
| 16 |
|
|
KEYNOTE CAPITALS LTD.
(CIN:U67120MH1995PLC088172
PAN:AAACK2618R)
(Member : BSE/OTC/NSE)
|
|
|
ISSUED UNFOUNDED AND QUESTIONABLE TRADE RECOMMEDATIONS TO MISLED INVESTORS ABOUT SHARES OF PYRAMID SAIMIRA THEATRE LTD.
|
DIRECTED INCOME TAX DEPARTMENT TO TAKE NECESSARY ACTIONS IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
PROHIBITED FROM GIVING ANY TRADE RECOMMENDATION IN RESPECT OF COMPANIES LISTED IN ANY OF RECOGNIZED STOCK EXCHANGES FROM 23-APR-2009 TILL FURTHER ORDERS
23-APR-2009
|
AD-INTERIM EX-PARTE ORDER DATED 23/04/2009 CONFIRMED VIDE ORDER DATED 06/07/2010
SAT: APPEAL ALLOWED AND IMPUGNED INTERIM EX-PARTE ORDER DATED 06/07/2010 SET ASIDE AND DIRECTED SEBI TO CONTINUE WITH INVESTIGATION WITH NO ORDER AS TO COSTS
|
| 17 |
|
|
KOLAR SHAREX PVT.LTD.
(PAN:AAACK6474D)
(Member : BSE)
|
|
|
ISSUED FALSE AND MISLEADING CORPORATE ANNOUNCEMENTS RELATED TO ISSUANCE OF EQUITY SHARES THROUGH PREFERENTIAL ALLOTMENT, ISSUANCE OF REDEEMABLE PREFERENCE SHARES, INTERIM DIVIDEND AND BONUS SHARES IN MATTER OF ADAM COMSOF LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) AND A(3) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ADAM COMSOF LTD.
|
IMPOSED PENALTY RS.12,00,000
30-APR-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 11/07/2014 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
|
| 18 |
|
|
KOLAR SHAREX PVT.LTD.
(PAN:AAACK6474D)
(Member : BSE)
|
|
|
|
ASPI B.BHESANIA
|
|
|
HIRALAL YADAV
|
|
|
MAHESH RAMDAS ADSUL
PAN:AGGPA2537E
|
|
|
R.K.MAHESHWARI
|
|
|
RAJKUMAR CHAINRAI BASANTANI
PAN:AESPB2834F
|
|
|
UMESH R.KHARIWALA
|
|
|
VIKAS SETH
|
|
|
VINOD R.HINGORANI
|
|
|
VITHAL PATIL
|
|
INDULGED IN DISSEMINATION OF MISLEADING INFORMATION LEADING TO PRICE MANIPULATION IN THE SCRIP OF KOLAR BIOTECH LTD., SOUNDCRAFT INDUSTRIES LTD. & ADAM COMSOF LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-SEP-2004 TILL INVESTIGATIONS COMPLETED
30-SEP-2004
|
|
| 19 |
|
|
KOLAR SHAREX PVT.LTD.
(PAN:AAACK6474D)
(Member : BSE/ICSE)
|
|
|
AIDED AND ABETTED SOUNDCRAFT INDUSTRIES LTD. AND MR.RAJKUMAR C. BASANTANI IN ISSUING FALSE AND MISLEADING CORPORATE ANNOUNCEMENT ABOUT ISSUANCE OF BONUS SHARES OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SOUNDCRAFT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-SEP-2012 TO 18-DEC-2012
29-AUG-2012
|
SAT: APPEAL ALLOWED TO BE WITHDRAWN. NO COSTS
|
| 20 |
|
|
MANEKLAL CHUNILAL INVESTMENTS PVT.LTD.
(Member : ICSE)
|
|
|
|
ASHIT V.SHAH
|
|
|
DAKSHA V.SHAH
|
|
|
H.V.SHAH
|
|
|
MANISH V.SHAH
PAN:AAEPS3791A
|
|
|
VIPIN M.SHAH
|
|
DECEIVED INVESTORS BY MISREPRESENTATION AND FICTITIOUS MEANS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 15-SEP-2005 TILL FURTHER ORDERS
15-SEP-2005
|
DIRECTIONS PASSED VIDE AD INTERIM EX-PARTE ORDER DATED 15/09/2005 REVOKED
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 1 of 2
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